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Penske Automotive Group, Inc.

Penske Automotive Group, Inc.

Sector: Motor Vehicle Dealers (new And Used) Region: MI, United States


: | New York Stock Exchange: PAG


Similar to: Pendragon Plc

Penske Automotive Group, Inc. owns and operates retail automotive franchises. The company is engaged in the sale of new and used motor vehicles and related products and services, including vehicle service, collision repair, and placement of finance and lease contracts, third-party insurance products and other aftermarket products. It operates through two segments: Retail and Other. The Retail segment includes all automotive dealerships and all departments relevant to the operation of the dealerships and the retail automotive joint ventures. The Other segment consists of its Hertz rental business and investments in non-automotive retail operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.

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